Tbilisi, Georgia, April 11
By Nana Kirtzkhalia - Trend:
JSC Georgian Railway has kept a stable BB rating, according to the research conducted by Standard & Poor's rating company.
"From 2014 Standard & Poor's rating company has established an improved methodology of studying the credit rating of transport and infrastructure companies, on which their assessment including Georgian Railway JSC is carried out. In accordance with the new methodology, the rating of our company was revised, as a result of which Standard&Roor's released a report of Georgian Railway JSC on April 7," the statement of the company said.
In accordance with the new assessment, the JSC Georgian Railway rating again has remained stable on BB and equal to the state rating. All this confirms that the paying capacity of the company is still at a high level.
"Georgian Railway continues to work on the improvement of its financial position and customer service," JSC Georgian Railway said.
Translated by S.I.
Edited by S.I.
...
